Chipmaker Qualcomm lays off hundreds of workers in San Diego
Reading Time: < 1 minutesQualcomm, which makes chips for smartphones, said it will lay off 226 workers in San Diego later this year, according to a California WARN notice published this week. The layoffs, which were first reported by The San Diego Union-Tribune, will take effect the week of November 12.
In a statement, Qualcomm spokesperson Kristin Stiles said: ‘Our leading technology and product portfolio has positioned us to execute on our diversification strategy. As part of a normal course of business, we prioritize and align our investments, resources, and talent to ensure we are optimally positioned to take advantage of the unprecedented diversification opportunities in front of us.’
The decision by Qualcomm to lay off hundreds of employees comes less than a year after the chipmaker let go of more than 1,250 workers. During 2023, Qualcomm recorded $35.8 billion in annual revenue and its chief executive Cristiano Amon took home $23.5 million in total executive compensation.
Are you affected by the Qualcomm layoffs? From a non-work device, you can contact Lorenzo Franceschi-Bicchierai securely on Signal at +1 917-257-1382, or via Telegram and Keybase @lorenzofb, or email. Zack Whittaker can be reached on Signal and WhatsApp at +1 646-755-8849. You can send files and documents via SecureDrop.
Ref: techcrunch
MediaDownloader.net -> Free Online Video Downloader, Download Any Video From YouTube, VK, Vimeo, Twitter, Twitch, Tumblr, Tiktok, Telegram, TED, Streamable, Soundcloud, Snapchat, Share, Rumble, Reddit, PuhuTV, Pinterest, Periscope, Ok.ru, MxTakatak, Mixcloud, Mashable, LinkedIn, Likee, Kwai, Izlesene, Instagram, Imgur, IMDB, Ifunny, Gaana, Flickr, Febspot, Facebook, ESPN, Douyin, Dailymotion, Buzzfeed, BluTV, Blogger, Bitchute, Bilibili, Bandcamp, Akıllı, 9GAG